Securities Lawyers Blog

Broker Michael Zagoria in Equitable Distributors, LLC Firm Has Customer Complaint

December 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Zagoria (Zagoria), previously associated with Equitable Distributors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Zagoria recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on March 01, 2022.

[REDACTED] ([REDACTED]) alleges that representatives of MML assured him there would be no tax liability incurred from the transactions involving the exchange of multiple Equitable Financial variable annuities. [REDACTED] alleges that Michael Zagoria (Zagoria), as an “Equitable Subject Matter Expert”, “described the product and process to effect the change”, and “confirmed there would be no tax liability created by the change.” The exchange resulted in a tax liability to [REDACTED] and his spouse, [REDACTED]

Broker Michael Fordham in Charles Schwab & Co., INC. Firm Has Customer Complaint

December 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Fordham (Fordham), currently associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Fordham recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $150,000.00 on February 26, 2022.

The client alleges the representative misrepresented the risk of Nuveen Flexible Income fund.

Broker Eugene Weinstein in Ameriprise Financial Services, LLC Firm Has Customer Complaint

December 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eugene Weinstein (Weinstein), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Weinstein recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $1,000,000.00 on February 28, 2022.

Client alleged that the risks associated with utilizing Exchange Traded Fund (ETF) Index Options was misrepresented by their advisor, resulting in losses.

There are Recent Customer Complaints with Broker Mauricio Assael in Firm Investment Placement Group

December 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mauricio Assael (Assael), currently associated with Investment Placement Group, has at least one disclosable event. These events include one customer complaint, alleging that Assael recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $40,000.00 on March 01, 2022.

Unsuitable recomendation based on bond performance

There are Recent Customer Complaints with Broker Corey Sunstrom in Firm G.f. Investment Services, LLC

December 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Corey Sunstrom (Sunstrom), previously associated with G.f. Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sunstrom recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $25,000.00 on February 24, 2022.

Plaintiffs filed complaint alleging violations of the North Carolina Securities Act and North Carolina General Statutes, breach of fiduciary duty, fraud and negligence in connection with allegedly unsuitable recommendations of alternative investments and fixed index annuities between 2012 and 2015. Mr. Sunstrom was specifically named as participating in the recommendations to 4 of the Plaintiffs.

Broker Mark Thompson in Arkadios Capital Firm Has Customer Complaint

December 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Thompson (Thompson), currently associated with Arkadios Capital, has at least one disclosable event. These events include one customer complaint, alleging that Thompson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $1,000,000.00 on March 02, 2022.

Claimant alleges negligence, overconcentration, and unsuitable recommendations with regard to alternative investments.

Broker Michael Mccluskey in J.P. Morgan Securities LLC Firm Has Customer Complaint

December 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Mccluskey (Mccluskey), currently associated with J.P. Morgan Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mccluskey recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $37,000.00 on February 28, 2022.

Customer alleges unsuitable mutual fund investment. Activity dates 02.28.22 – 03.25.22.

Broker Christopher Hobart in G.f. Investment Services, LLC Firm Has Customer Complaint

December 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Hobart (Hobart), previously associated with G.f. Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hobart recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $25,000.00 on February 24, 2022.

Plaintiffs filed complaint alleging violations of the North Carolina Securities Act and North Carolina General Statutes, breach of fiduciary duty, fraud and negligence in connection with allegedly unsuitable recommendations of alternative investments and fixed index annuities between 2012 and 2015.

There are Recent Customer Complaints with Broker William Huthnance in Firm UBS Financial Services INC.

December 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Huthnance (Huthnance), currently associated with UBS Financial Services INC., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Huthnance recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $500,000.00 on February 24, 2022.

Time frame: 2016-2019\, Allegations: Claimants’ counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.

There are Recent Customer Complaints with Broker Joseph Langlois in Firm Dfpg Investments, LLC

December 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Langlois (Langlois), currently associated with Dfpg Investments, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Langlois recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $870,000.00 on February 25, 2022.

Claimant alleges his financial advisers recommended unsuitable investments. Claimant generally alleges suitability, failure to supervise, negligence, and breach of contract.